Tag: Blodwen Street

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Blodwen Street – New Agent

Agent didn’t live up to their promise, so we are getting a new agent at the end of the short leash we gave the old agent. Strategy and Update.

Blodwen Street – Construction Ends – On the Market

We have finished construction of our first flip project and it is now on the market. We have selected an agent, and it is now listed on Zoopla.

Blodwen Street – Ordering a Bathroom

Choosing the right bathroom materials is always fun and interesting, especially for the different needs that you have for a property, the likely end user.

Blodwen Street – Choosing a Kitchen

Our search for a kitchen supplier and also the way we work with materials has found a home with LNPG and Magnet Trade that we will work with for all future

Blodwen Street – Construction Starts

Join us on our journey as we start the renovation and construction of Blodwen Street. The aim is to do a quick reno then rent or flip it on.

Gwendoline & Blodwen: Finding a builder Part 2

Today we visited the work sites of two of the builders we are getting quotes from, to understand their work method, see them in their own environment, and understand likely costs of works based on their existing/ past jobs. We are still waiting for quotes, but based on the type of work we have seen…
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Bridging Loan

We are using 2 of our properties to secure a 64% LTV bridging loan with a commercial lender called Together Finance.  We want to start relationships with the bridge loan companies and banks, and prove our capital adequacy and credit worthiness.  So for now, we will pay the large interest rate (detailed below) and set…
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Welcoming a new Investor!

Bringing on a joint venture partner is a lot of work.  It is really rewarding and incredibly satisfying to build a new relationship with a relative stranger to the point of money exchanging hands.  The trust that you are taking on is a big responsibility, and we appreciate the trust that our investors have put…
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Blodwen Street – Before

Here are some photos of the state in which we received the property before we started work on it.

Invest 1 – Sad day

It has been a disappointing day today.  One of our first to commit major investors has had to temporarily pull the plug as their funds are caught up in administrative and bureaucratic nightmares in the US. 🙁 As an unfortunate as this is, it also provides an opportunity for us to send this deal off…
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